Fundraising

Maverick confirms final close for Lien Fund VI

The New-York based investment firm has held a final close for its sixth-series real estate debt fund.

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  • Fund: Maverick Lien Fund VI
  • Amount raised: $317.6 million
  • Target Size: $275 million
  • Stage of fundraising: Final close
  • Final close: November 2021
  • Time on the road: One year and one month
  • Predecessor fund: Maverick Lien Fund V ($150 million)

US investment firm Maverick Partners has held a final close for Maverick Lien Fund VI, a contact at the firm told PERE. The real estate debt vehicle has raised $317.6 million in investor commitments, exceeding its original fundraising target of $275 million. Past commitments to the fund include a $50 million investment from Louisiana School Employees’ Retirement System in December 2020.

As with its predecessor, which held a final close in December 2018 after raising its target size of $150 million, the fund will make use of a variety of investment opportunities across the US, having already made 18 investments comprising $135 million.